Current Affairs Quiz-September, 2020

Notes:
Marathi language movie ‘The Disciple’ has won the Best Screenplay award at Venice Film Festival. The film is directed by Chaitanya Tamhane.
The movie describes the personal and professional experiences of a Hindustani classical singer. It also bagged the prestigious FIPRESCI award. “Nomadland”, directed by Chloe Zhao won the “Golden Lion” award in the file festival.

Notes:
As per an official Government data, more than 1600 Indian companies have received Foreign direct investments (FDI) worth USD 1 billion from China from April 2016 to March 2020.
The investments were received by companies in 46 sectors. Among them, automobile industry, printing of books, electronics, services and electrical equipment received the highest FDI.

Notes:
The World Trade Organization (WTO) has ruled that tariff barriers (additional tariffs) imposed by USA in 2018 on Chinese goods is inconsistent with international trading norms.
This has come as a severe blow to the US administration. The ruling was pronounced by a 3-member panel of WTO, against the USD 200 billion in levies imposed by USA on a range of Chinese goods in 2018.

Notes:
India’s Oil and Natural Gas Corp (ONGC) has exited from Sudan after the country has refused to pay for oil it lifted from the fields.
The overseas investment arm of the state-owned oil company, ONGC Videsh (OVL) along with its Chinese partner CNPC and Malaysia’s Petronas have withdrawn from the oil fields. The African country had not paid USD 430.69 million for the Oil it bought from the block since 2011.

Notes:
Indian-American filmmaker Mira Nair has recently received the Jeff Skoll Award for Impact Media at the Toronto International Film Festival.
Nair was one of the six recipients of the TIFF Tribute Awards ceremony along with veteran actor Sir Anthony Hopkins, Oscar-winning actress Kate Winslet among others. The presentation of the award to Nair was initiated by Tabu, star of Mira’s television series ‘A Suitable Boy’.

Notes:
Tata Projects Limited has won the contract bid to construct the new Parliament building.
The construction of the parliament building is a part of the Central Vista redevelopment project. The Central Vista redevelopment project consists of a triangular Parliament building, a common central secretariat and revamping of the 3 km-long Rajpath. Tata Projects Ltd had submitted a bid of Rs 861.90 crore.

Notes:
The Organization for Economic Co-operation and Development (OECD) has revised India’s growth projections to minus 10.2% for the current financial year.
This is due to extended lockdown in the country. The OECD released a report titled “Interim Economic Assessment Corona virus: Living with uncertainty”. As per the report, prolonged spread of the virus, high levels of poverty, and stricter confinement measures are the reasons for contraction of the Indian Economy.

Notes:
Northern Coalfields Ltd (NCL), a subsidiary of Coal India Limited has donated Rs.5.00 crore to the state of Uttar Pradesh, for procurement of 50 ambulances for the state.
The MD and CEO of the company handed over the cheque to the Chief Minister of UP. NCL is a Miniratna Company that supplies over 100 million tonnes of coal annually.

Notes:
The Union Territory of Jammu and Kashmir has launched “National Generic Document Registration System” (NGDRS).
This system marks a shift from the existing manual registration system to online registration for sale or purchase of land. The new system would add strength to the UT’s e governance by establishing a transparent and accountable land registration mechanism.

Notes:
China has introduced a system of penalizing companies that appears on its “Unreliable entity list”.
As per an official statement, the country will impose penalties including restricting trade, investment and visas to any company that pose a threat to China’s sovereignty, national security, development and business interests. The list also contains list of firms that discriminate against or harm Chinese businesses.